Classic sign of pent-up demand peaking out, Both $SPX & $DJIA have now turned and are facing down, debt to value added ratio at record levels….

Interesting that consumer confidence just hit its 'best' level since Sept. 2000. Classic sign of pent-up demand peaking out. Recession began 7-months later, as a clear contrary signpost. pic.twitter.com/avH6PC8jfB — David Rosenberg (@EconguyRosie) September 25, 2018 https://twitter.com/W_Analytics/status/1044593378556608512 Is corporate debt …

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Scary $DJIA Charts

by northmantrader Before you think I’m scare mongering I’m not. I may be retired as a bear but I can still read charts. And for weeks I’ve been harping about technical disconnects, record overbought readings and the need to reconnect technically. We finally …

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